Low Income Apartments and Affordable Housing For Rent in Ferguson, MO

Discover affordable housing in Ferguson where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Ecumenical 4

833 Marvin Ave, Ferguson, Missouri 63135

1209 - 13 Chambers

1209 Chambers Rd, Ferguson, Missouri 63135

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ferguson, Missouri
$22.90/hour
$10.60 (+86%) more than Missouri minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Ferguson, Missouri Affordable Housing ↓

What HUD offices serve Ferguson, Missouri?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Moderate Rehabilitation, Homeownership programs for Ferguson, Missouri.

Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Ferguson.

How many renters live in Ferguson, Missouri?

The City of Ferguson has 18,546 people living in 7,913 households.

There are 9,819 renters living in 4,055 renter households in this City. Renters make up 52.94 percent of the population living in Ferguson.

What is the rental market like in Ferguson, Missouri?

There are an estimated 9,270 housing units in the Ferguson area. Of these, 4,376 units are rental homes, making up 47 percent of the housing market. For every renter household in Ferguson, Missouri, there are 1 rental units.

What is the vacancy rate for rentals in Ferguson?

The rental vacancy rate in Ferguson is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Ferguson for each bedroom size?

Occupied Rental Units by Size in Ferguson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
52 496 2,067 1,290 101
Occupied Rental Units by Size in Ferguson

A large number of apartments in Ferguson have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Ferguson are overburdened by housing costs?

Among renter households in this market, 54 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Ferguson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Ferguson, Missouri

How many units are rented at Fair Market Rent (FMR) in Ferguson?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 52 100 percent
One BR 411 83 percent
Two BR 1,459 71 percent
Rental Units Below FMR in Ferguson, Missouri

How many affordable rental units are in Ferguson?

There are a variety of federal affordable housing programs serving households in Ferguson, Missouri including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 270
Public Housing 1
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Ferguson, Missouri

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Ferguson, Missouri

Ferguson features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Ferguson, Missouri

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ferguson.

Housing Choice Vouchers in Ferguson, Missouri

On average, Section 8 Housing Choice vouchers pay Ferguson landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Ferguson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ferguson, Missouri for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.